Senior Accountant
Deyaar Development PJSC
Total years of experience :20 years, 8 Months
Compiling & analyzing financial information to prepare financial statements including annual account as per the IFRS guidelines.
Directly responsible for month end, quarter end and year end closing within a set deadline. Ensuring that financial records are maintained in compliance with accepted policies and procedures.
Attending meeting, preparing memos for management approval, and conducting appraisal for Junior staff.
Assisting, managing, and solving the queries of Accountants, junior accountants and Cashiers as per their requirement.
Assisting in Group Consolidations, preparing working for consolidations and coordinating with inter companies for required reports.
GL analysis and GL reconciliations and analyzing the variance and rectifications as per the requirement.
Preparing Financials for Owners Association, conducting audit on behalf of owner’s association and attending the queries from Board.
Preparing daily bank position for management review on daily basis and preparing Bank position for Owners Association management team within set deadline.
Preparing and updating balance sheet schedules within a set time and reconciling schedules with GL. Finding the route cause for difference.
Performing various Fixed Asset Functions like Asset transfer, Asset Retirement, Asset additions in oracle and Fixed Asset’s monthly closing and generating various reports on Fixed Asset’s.
Dealing with PDC management team for cheque deposits, bounced cheques and Refund of security deposits. Cash flow projections on the basis of PDC cheques and Tenancy contract verification with cheques collected.
Marking in Amlaki (PM) for bounced for cheques bounced and cleared cheques after verifying with bank statement and coordinating with MIS team to raise demand in Amalki.
Preparing Audit Schedules for quarter and year end closing. Dealing with external auditor for quarter end audit and yearend audit.
Passing various Journal entries for month end and year end closing. Preparing pending transactions available for reconciliation for Payable and receivable team.
Dealing with external banks and Escrow Accounts, coordinating with dept. for banking related requirement.
Coordinating with the local banks as per the management requirement. Opening Escrow a/c and Verification of online transfer, obtaining online view access, obtaining rates for FD.
Checking LPO’s and distribution lines for initial approval, ensuring the following of company policies and procedures about purchases and releasing of payments.
Verification of Daily bank reconciliation and Monthly Manual Reconciliation.
VAT reconciliation and Verification of VAT entries.
Payables
Verification and analyzing of Project payments i, General supplier invoices and giving it to accountant for final booking. Attending to supplier queries and Reconciliation of supplier account on priority basis.
Responsible for Project Exp analysis and General Exp analysis, new Supplier account opening, new GL code opening and analysis, preparing excel sheet for Project payments and controlling the payment.
Verification of facilities Mgt’s and Owner’s Association Mgt’s supplier and receivable invoices, checking of annual maintenance contracts with supplier and ensuring the release of payments as per contracts.
Coordinating with external auditor and internal auditor for all the queries raised by them.
Accountable for maintaining FA register and generating various FA related reports periodically.
Generating Payable reports for analysis and preparing accruals in payables and matching creditors schedule with GL.
Verification of online transfer payments to suppliers and attending to supplier’s payment related queries.
IFinance & Accounts
Sales invoice preparation & processing, petty cash handling, Vendor invoice processing & vendor payment management, PORF preparation, checking LPO, putting JML request, asset purchase.
Variance analysis, job costing, Accruals & provisions, Write off request, Asset write off, disposal of asset Verification & labeling of asset, Job opening & job closing, Journal entry and rectification entry
Monthly closing, taking various financial report, monthly sales figures, stock entries, profit & loss a/c analysis, controlling the accruals, ledger a/c review and preparing WIP report and Quotations
Budget preparation, Internal debit advice (IDA), Credit note & Debit note processing, asset purchase procedure, Scrap sale procedure and all normal accounting work.
Funds Management
Preparing Account receivable report, follow up with customer for payment, sending reminder letter to customer and processing credit application form and
Booking of customer Invoices, sending statement of account to customers, attending to the customer queries.
Booking of supplier invoices and preparing of payment to supplier.
Accountable for bank reconciliation in SAP software.
Co-coordinating with bank as per the requirement from the management.
Responsible for analysis of outstanding entries in clearing account and clearing the same.
Preparing LPO’s and inviting quotations.
Monthly review and reporting on Debtors and Creditors.
Generating receivable and supplier aging reports and generating various supplier and customer related reports.
Program coordinator of DRISHTEE/2003 Western Region paper presentation conducted by our MBA batch for the students of Pune, Mumbai and Aurangabad University. Led the organizing committee at inter college competition “HARMONY” organized by the department of Management studies RIT Islampur. Attended NCC Camp held at Karwar & Skipper of Young men’s Cricket Club. Actively participated in personality Program conducted during February 2003 by our RIT Management Studies, Islampur. Actively participated in Teachers and Bank employees Training Programme. Academic Project As part of the MBA Curriculum; Project on Documentation of Exports and Customs Clearance of Goods at Sahil Freight Express Private Ltd. Sandust Road, Mumbai (duration 3 months): Preparation of letter of credit (LC). Clearing of the goods from customs office. Obtaining feedback from customer & improvements. Maintaining proper follow up with company’s agents located in abroad. Understanding business process. Project on Behavior of Employees in a Company at Gulvady Tiles Company Private Ltd.